Malaysian authorities on Monday accepted Thailand’s proposal to reopen Narathiwat’s Tak Bai and Buke Ta border checkpoints, which had been closed to curb the spread of Covid-19. “We expect the reopening of the two checkpoints to help generate at least 600 million baht in trade revenue,” said Commerce Minister Jurin Laksanawisit. The minister added that […]
Read MoreThailand’s internet economy is expected to be worth US$30 billion (around 984 billion baht) in 2021, up 51% year-on-year, buoyed by a surge in e-commerce, according to the latest e-Conomy SEA 2021 report. The annual study of Southeast Asia’s internet economy is jointly commissioned by Google, Bain & Company and Temasek. The study forecasts Thailand’s […]
Read MoreDespite the severe impact of Covid-19 on many sectors this year, the Thai ecconomy is expected to perform well next year, contributed by some key sectors after the country’s reopening on Nov 1. Some core sectors believe that they are still reliable income sources and even expect to see business growth next year but some […]
Read MoreBANGKOK (REUTERS) – Thailand’s economy contracted less than expected in the third quarter as businesses started a slow recovery from the coronavirus-driven slump in activity, while the reopening of the tourism sector raised hopes of a steady revival. The government on Monday (Nov 15) upgraded its economic growth outlook to 1.2 per cent this year, […]
Read MoreThe baht opened at 32.74 to the US dollar on Monday, strengthening from the previous closing of 32.82. The Thai currency is likely to move between 32.65 and 32.80 during the day and between 32.50 and 33 during the week, Krungthai Bank market strategist Poon Panichpibool predicted. Poon said that the baht is likely to […]
Read MoreThe number of the poor in Thailand is expected to increase to 15 million next year from the current level of almost 14 million because of the impact of the prolonged Covid-19 outbreak, said Deputy Finance Minister Santi Promphat. The ministry will open for a new round of registration for state welfare cards early next […]
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Thailand
